Compounding is a financial concept that’ll turn your life on its head. So profound is its effect that Albert Einstein reputedly referred to compound interest as “the eighth wonder of the world”.
Continue reading “How compound interest works and how it can change your life”
While Game Of Thrones taught us a lot about how to crush a man’s skull with your hands and use significant family events to massacre large masses of people, it’s also interweaved with symbolic lessons about money that many of us could afford to listen to.
Here are the top five lessons Game Of Thrones has taught us about money. Continue reading “5 lessons Game Of Thrones taught us about money”
Let’s be honest, we’ve all fantasised about winning the lottery and never work again/buy that Tesla/have a European summer holiday and boast about it on Instagram…
This week, we ask Harry what he would actually do if he won $10,000.
Continue reading “Ask Harry: What would you do if you won $10,000?”
In an age where one French pastry a week costs more than private health insurance, breakfast for two is steeper than a tank of petrol, and houses in metropolitan Australia cost more than an 84-acre island off Vanuatu, it’s almost impossible for young Australians to save money.
But why are we cracking open our piggy banks five years into our careers, only to find an expired HelloFresh voucher and a few stray bobby pins? Here’s why.
Continue reading “Why saving money is almost impossible for young Australians”
Rentvesting. It’s the new new thing. Buying an investment property while continuing to rent elsewhere.
Most do it with no intention of ever living in their purchase. For many it’s a way to hedge against ever rising property prices, in the hope that one day the sale of their investment property will provide a decent deposit for the home of their dreams.
There are benefits to getting on the property ladder for sure. But property investing is not without its share of risks, and so if you’re considering taking the plunge you should make yourself aware of the key ones.
Here then are six risks you ought to consider when investing in property.
Finding a place to rent (let alone buy!) in Australia can be competitive and stressful, and sometimes downright exhausting. This week, Harry shares his take on how to budget for your rent. Maybe you can afford to rent out that two-storey townhouse after all!
Continue reading “Ask Harry: How much rent is too much rent?”
The beauty of budgeting is that it helps you realise when you’re making ridiculous impulse purchases at IKEA again, but what a lot of Australians don’t realise is that a bundle of that extra money you could be saving each month is disguised as ‘essential purchases’ in your budget.
Here are 10 ways to trim the fat from your budget this year and save a bucket load.
One of the major flaws with the current education system is that more often than not you come out the other end of it knowing how to make a mean diorama but have absolutely no idea what hell compound interest is or how powerful it can be.
Continue reading “5 mistakes every young Australian makes with their money”
Learning from your own experience is good, but it’s even better to learn from the experience (and mistakes!) of others.
Enter… Kayne.
Continue reading “6 lessons Kanye can teach you about money”
With yet another financial year over, we take the opportunity to look back on the past twelve months and review what it has meant for investors.
